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tv   The Ed Show  MSNBC  June 15, 2013 2:00pm-3:01pm PDT

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good evening, americans. live from minneapolis. holy smokes! it's 5:00 eastern. let's get to work. >> i do expect that the majority of republicans voting for the farm bill. >> this is just one small problem and it is a big one. >> legislation in favor of monsanto's activities pushed through very strongly. >> the ultimate loser will be the farmers. >> corporations are people. >> you want to be in corporation agriculture, you'll be in bed with monsanto. >> it is all that goes into
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making food. >> your meat carrot. your tomato that will throw itself at bad entertainment. >> i would like to know what i'm eating. >> shut up and eat your [ bleep ] mutant chili. >> thanks for watching. this is a story that needs attention and a lot more conversation. there are two facets to the story. the money and the food. tea partiers, where are you? congress is about to pass a nearly trillion-dollar spending bill and we're not hearing any of this traditional republican garbage. >> spending is the problem. >> we have a spending problem. >> we have a spending problem. if you look at the spending problem, you see it does nothing. nothing to solve the spending problem. washington has a spending
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problem. for 55, the last 60 years, we've spent more money than what we brought in. >> we don't have a tax problem. we have a spending problem. >> we can't keep spending money we do not have. >> we are committed in the house as you know to address the underlying problem which is the spending. >> well, let me set the record straight. as it stands right now, the 2013 farm bill is expected to cost taxpayers roughly $955 billion over the next decade. how much? holy smokes! this bill is bigger than 2009 economic stimulus package which of course the republicans were against. and the original cost estimate for obamacare which the republicans hate. but we're not seeing right wingers sobbing in the streets about government handouts and socialism. are we? the farm bill, a little history here, not to get too wonky. the farm bill was created to help family farmers. keep producers on the land and guarantee the country a steady
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food supply so nobody goes hung rix we have evolved to this. republicans love this farl bill today. a handout to big farms and huge agribusinesses like mon sanitio. john boehner is even planning to vote yes on this. republicans love the bill because it contains massive cuts to the food stamp program the senate has approved their version of the farm bill by a huge margin. it call for roughly $4 billion in cuts to food stamps. the house is working out details on their version of the bill but of course the republican house, what do they want to do? cut $20 billion in cuts to the food stamp funding in america. hurt the poor again. meanwhile, fox business host and women's issue expert lou dobbs thinks the cuts should go further. >> the senate bill would
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actually cut spending and food stamps by almost negligible $4 billion but a bill awaiting in the house calls for a $20 billion cut in food stamps. when you're talking about both measures providing over $700 billion to food stamps alone over the next decade, neither cut, of course, is particularly sharp. >> easy for big lou dobbs to say. he rakes in that big fat paycheck. and doesn't have to worry about putting fad on his table. he is in the 1%. it is estimated the house cuts would cause almost 2 million people in this country to lose food stamps. the less fortunate. and it would limit access to school meals. let's pick on the kids. but republicans, they could care less. one heartless republican actually quoted the bible, making the case for food stamp cuts. >> i looked at second thessalonians 3:10. even when we were with you, we
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gave you this rule. the one who is unwilling to work shall not eat. >> let's consider the source. that was stephen fincher of tennessee. this guy really is the poster child for hypocrisy. he is one of the biggest recipients of farm bill handouts in all of tennessee history. from 1999 to 2012, his farm took over, took in $3.4 million in farm subsidies. he took over $70,000 in government handouts alone and it is important to point out, these are direct payments based on the amount of land fincher owns. he could grow no crops and still get his government handout. so let's do a little math here, folks. the average snap recipient. food stamp recipient in tennessee gets roughly $4 a day in aid. fincher got $193 a day in farm payments. are we getting fair yet? let's get this absolutely straight. fincher voted to cut food stamps
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while increasing crop insurance that of course, he would personally benefit from. now i wonder what the bible says about that. fincher's actions. because of people like i know f, like fincher, it increases crop insurance by $9 billion. but this move really is a bait-and-switch. because the biggest farms reap the biggest rewards from failure. one new york times op ed called it welfare for the wealthy. the new farm bill is also filled with amendments to had he big ago agr icompanies like monsanto. they recently sparked prefrts all over the globe. more than 2 million people protested the gmo or generalally modified crops. activists warned gmos could be very harmful for worldwide food supply and production. and the health of every single
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person who eats this stuff could be in jeopardy. and the farm bill protects these franken foods with an extension of the monsanto protection act. the bill also gives away $41 billion worth of commodity programs to boost corn and wheat production. here's the result. >> over the past few decades, we've seen a raise in obesity rates tame we've seen an i crease in corn and soy production. >> wow! it looks like we're making the wrong stuff or dishing it out wrong. the farm bill, for a little history, was started in 1933 on the heels of the depression. to make sure that every american was always going to have a steady supply of affordable food on the table. it is call a cheap food policy. he thi let me remind you. when government doesn't pay attention to the food for the people.
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it led to an extremist coming to power interesting rise of the madman. you know the rest of the story. america made a decision then that we needed a cheap food policy. as it has evolved today, corporations have corrupted the system to the point where big agribusiness has put dangerous, unhealthy food on the counters in grocery stores across america and it ends up on our tables. the small farmer is getting kicked off the land and the big farmers are getting rich. this concept of a cheap food policy i'm all for. it is very important. i'm for safety nets. i'm for disaster relief. i believe that price supports have got to be there for the american producer. but it is evolved to nothing but a corporate handout. the big get bigger or the family farmer can't make it. that's wrong. we have wrong policies put in this farm bill and it has been set up ideologically where the republicans going out and say,
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we made cuts. we've cut all the fat. yes, you have. you've cut some fat and you didn't do it by going after the corporations. you didn't do it by going after big agribusiness. you gave them more money while you took away the food stamp program. to the tune of $20 billion in the house? why did the senate democrats even consider giving up $4 billion in food stamp cuts? what about the nutritional value of the farm program in this country which has kids come to school in at least once a day get something good to eat. do we care about the inner cities in america anymore? distorted priorities, you can find them anywhere in america. i don't want to hear any tea partiers just screaming about government spending. when we are about to put on the table, $955 billion over the next ten years that will go right to the corporations and right to the wealthy, while we
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stick it to the poor. and by the way, as i said, it is bigger than the stimulus package which of course the tea party hated. it is bigger than obamacare which all republicans hate. is this fair? is this the right way to go? when we're focused on ap and focused on fbi and we're focused on benghazi, stuff like this almost a trillion dollars kind of slips through the cracks. get your cell phones out. i want to know what you think. tonight's question is, is government welfare for big agribusiness bad for america? text a for yes, text bsh for no. text 67622. for more on this, let's turn to senator bernie sanders. this is a parallel to what we're seeing in tax policy, i believe.
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that we are favoring the wealthy again and sticking it to the little guy and hurting american families who desperately need that cheap food policy. put it together for us. where can we correct this? your thoughts. >> i appreciate very much that you are focusing on something that we don't talk enough about. that is poverty in america is at almost a 50-year high. we have 46 million people living in poverty. we have the highest rate of childhood poverty in the industrialized world. we have millions of seniors today who are wondering how they're going to be eating tomorrow and they suffer illness as a result. so when you have a declining middle class and people fall into poverty. when you have real wages going down for millions of americans. what you end up with is a real need for food on behalf of millions and millions of children and seniors. let's be clear. most of the families that
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receive food stamps have kids. many of them are working families and many others are senior citizens. those are the people who get food stamps. and we have to decide in this country, at a time when we're seeing outrageous wealth and income inequality. rich people doing fence phenome well. are we going to make sure nobody in this country goes hungry or are we going to do as the republicans want, make massive cuts in food stamp programs, nutrition programs for seniors and other programs. and i think the answer is pretty obvious. the american people understand that in this great country, people should not go hungry. >> no doubt about it. what we are seeing here is distorted priorities. the tea party all of a sudden, they're silent. they have no problem with these billions of dollars going to big agribusiness. and all of the wealth going to the wealthiest farmers out
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there. while the little guy gets kicked in the side of the road along the recipients of food stamps. there is no fat in food stamps as i see it. there is no fat in school nutritional programs which is needed by of course, the portion of the population you're talking about. how do we fix this? what would be the correct move? >> the correct move, it seems to me, are two basic issues. number one, as a nation, we have got to defend the social safety net. and understand that we cannot allow a situation to exist where kids or seniors go hungry. but that's not just food stamps, ed. that is social security, medicare, medicaid. but protecting the social safety net so people do not go hungry in america is one thing. the other thing is we have to deal with the poverty issue. how do you deal with that? you deal with it by creating millions and millions of decent paying jobs. you've got to put people back to
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work. real unemployment today is close to 14%. let's rebuild our infrastructure. transform our energy system. put millions back to work. give them a paycheck. most working people would rather have paycheck than be on food stamps. >> i want to focus now on gmos. your amendment to let states label gmo's, genetically modified organisms was voted down. why don't more senators get on board with this recognizing the danger involved here? >> well, here's what the story is. i think all over this circountr. people want to know the quality of the food they're eating and what they're giving to their kids is good quality. we just don't know all that much about genetically modified food. so my amendment was a pretty conservative amendment. it said in states like vermont and connecticut and other states
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where legislatures are voting for labeling on food products that have gmo product, let them go forward. monsanto and the other companies saying states can't do it. it is a federal prerogative. my amendment said if california, vermont, connecticut, other states want to go forward, they should have the right. what we know is that all over europe. we've got dozens and dozens of countries which do label gmo products. we should be able to do that in the united states as well. >> always great ever to you on "the ed show." share your thoughts on twitter and we love it when you sign up there. we always want to know what you think. both sides are working toward immigration reform on the hill. but over on fox, the issue has conservatives calling each other the dreaded l word. and scott walker policies.
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time for the trenders. here on the ed show we listen to you. every week before the program, we check out our facebook, our twitter page and our blog now you decided and we are reporting. here are this week's top trenders voted on by you ♪ i'm leaving on a jet plane >> our third trender. tim tebow jets to new england.
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>> a lot of people thought tebow's career is over but he lives to play again. >> do i intend to run for president of the tim tebow fan club. ♪ >> but the media's enthusiasm didn't translate to the locker room. >> a talented guy, smart, works hard. >> gosh, we're all really impressed down here, i can tell you. >> we've all seen him play. he can do a lot of things. ♪ tebow tebow will you play i don't think so ♪ >> the number two trender. sprung a leak. >> let's get straight to the story everybody is talking about. the nsa. knows what everyone is talking about. >> the nsa story has sean hannity. >> the nsa program, the data
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mining program. >> these actions by the obama administration are a very clear violation. >> our techniques are working. we have the nsa program, the patriot program. >> big brother is monitoring your every move whether it be online or on the telephone. >> it is staggering that we're debating the use of these techniques. >> as law-abiding citizens, you have a right to privacy. >> in this week's top trender, debate a bill. a landmark immigration debate bill that would put millions on the path to citizenship cleared its first vote in the senate. >> the senate starts the immigration discussion. >> more than 80 senators voted yes to tackle an overhaul of the law. that won't be easy will. >> while the conservative media is reduced to name calling. >> it has been 20 years. >> oh, no, he didn't. >> no, nothing. >> you are like a liberal. >> making a silly argument. >> i know you are but what am i?
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i know you are but what am i? to indefinite. >> joining me now, alex who is a founder and director, good to have you on the ed show tonight. trusting republicans is a long road to go when it comes to immigration reform. i don't think it will happen. i hope it does but i think this is all motivated by their demographic problem they have at the polls in this country right now. do you trust that there really is going to be enough honest brokers on the conservative side that we're going to see some real reforms to address undocumented workers in this country? your thoughts. >> well, first of all, ed, what i think is that we can't trust anyone. we've seen in the past how this goes down. it is really unfortunate. the back and forth that is happening within the republican party and even on the floor, on the debate.
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but more important, when we see senator jeff sessions introducing 44 amendment that's call for absurd items. when he with see senator grassley introduce 77 amendments that he knows will kill this bill. we see representative king in the house calling dreamers students invading aliens invading their office, obviously when we're asked the question, can we trust these legislators and politicians, the answer is no. why? we've been down this road before. in 2007, 2008. and it killed the bill. >> well, do you think that congress should raise the minimum wage and connect it to the immigration reform at the same time so a lot of americans who were here aren't going to be left behind economically? do you see a connection between the two or is that not relevant? >> absolutely. and it is very relevant. what we're seeing right now, and particularly as we're discussing in the farm issue, particularly, we've seen depressed wages where
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employers, particularly big agribusiness are taking advantage of our workers. taking advantage of our workers. in some instances, paying way below the wages that need to be paid. what is most important, i want to quote supporters on this. one of our supporters that says, liberty. immigrants contribute to our economy. immigrants pay taxes. we're actively mobilizing a lot of the important aspects of our economy. so when we are having a discussion about what is the living wage and how fast can we live on, right now, $14,500 is the living wage. they're talking about be giving access to services. we're creating a shadow economy of a community in perpetual -- >> i think the conservative movement in this country does not want immigration reform. it helps keep wages down like
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you're talking about. there is a mindset that is very strange. this came out of mouth of jeb bush. i want to you hear what he said about immigrants. here it is. >> we're going to have fewer workers taking care of a larger number of people that the country has a social contract with. to be able to allow them to retire with dignity and purpose we cannot do that with the fertility rates we have in our country. immigrants are more fertile and they love families and they have more intact families and they bring a younger population. >> what is your response to that? >> he is supposed to be the smart one, right? he is supposed to be the one that is really advocating. the sad part about that clip is that he was making a point pro immigration and reform particularly. they're getting lost in those points with the rhetoric. trying to peg the latino community. our communicate in a certain way. they just don't understand.
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they keep misunderstanding the point of what we're all about. and statements like this only further the particular knowledge that what is driving a lot of the rhetoric within the republican parties, within the republican party is completely different than what needs to be happen right now which is policy. they tied themselves to really obscure groups like the john tantan network. all these groups that have very close and obscure ties to national i. this is driving the talking points of the right and this is furthering the points in the immigration debate. >> yeah. we have to have you back. great to have you on the ed show. appreciate your time. thank you. wisconsin's economy is in what? a tail spin? i thought walker was the savior? but state republicans, you see, they have other priorities other than a good economy.
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wisconsin state senator taylor joins me for the discussion. and republicans are trying to do what neither snow nor rain nor heat nor gloom of night can do. the latest attack on the postal service coming up. this has my hot button. >> but next, i'm taking your questions. ask ed live. every day we're working to be an even better company - and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. humans. even when we cross our "ts" and dot our "i's", we still run into problems.
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we love hearing from our viewers. the first question come from jacqueline williams. she says, ed, if you could sit down with president obama, what would you ask him? you know, i have thought about that an awful lot because i've never had the opportunity to sit down with president obama. i've had lunch with him a few time with other reporters but i've never had a chance to do a one-on-one. i would ask him this. mr. president, why haven't you directed the justice department
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to further investigate wall street and bring those crooks to prosecution? our next question comes from michael. why does darrell issa, congressman from california, continue to lie about benghazi, the irs, without evidence? well, first of all, darrell issa has a pattern of not telling the truth throughout his entire life. he hates workers, he hates unions, he is trying to destroy the postal service which i'll talk about later in the broadcast. it is interesting you ask about issa. why does he lie about gaza and the irs? because he can. and he has right wing media who will allow him to do it. he'll have cover in partisan media. sometimes it is not the truthful it is what we can get people to think. and basically,a is on a mission to make people think obama and his administration is totally corrupt and he needs to be
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impeached. stick around. the rapid response panel is next. walmart has all the latest phones look the samsung galaxy s4. it's like what i've got. look how big the screen is! that is big. and, walmart will give you a $50 gift card when you get the phone. sold! get the latest smart phones on t-mobile's nationwide 4g network, and get a $50 gift card. walmart.
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the good news is we have success and it is happening in our states. >> we've laid a positive foundation to move wisconsin forward and people want to continue down that path. we need to do that nationally as well. >> oh, i just can't let the story go. welcome back to "the ed show." i am broadcasting from minnesota where the economy in this state is growing thanks to progressive action. what happened in the state of minnesota, state democrats have
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raised taxes on the top income earners and that's not the case across the river in wisconsin. we're seeing new signs that governor walker's policies basically are killing wisconsin. remember, walker is devoted to austerity for the entire country. watch his emotional reaction to paul ryan's convention speech on cutting programs for the poor in keeping taxes low for the wealthy. >> in, etlet's get this done an that's exactly what we're going to do. >> those are tears of joy. but here's what the december prado should really be crying about. wisconsin's economy is now ranked 49th out of 50 states in the united states of america. wisconsin is 44th in job creation. the fifth worst when it comes to good private sector wages.
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and those wages are dropping twice as fast as the national average. let's get some reaction from our rapid response panel. the radio talk show host, mike, and ruth with the progressive magazine. great to have all of you with us. senator taylor, you first. what is happening to wisconsin's economy? why is it struggling? why is it frighten out of 50th? >> we got a new governor and we've been going backwards instead of our state motto of forwards since then. that's the truth. and it is showing every step of the way. even though they insist that all the numbers are wrong, that suggest that we are at the bottom or near the bottom in the nation for recovery and for jobs, they suggest that we are doing just fine. the republicans do, that is. >> is not it the austerity that has really led wisconsin to where you are right now? these massive cuts on wage
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earners have not been productive at all? >> there is no question. many of our citizens had double hits because they were either state employees or they were teachers or individuals that were hit by those particular areas that received some of the largest cuts in our state history. education has seen the largest cut in state history. now our universities are positioned to receive the largest cut they've ever received in state history. what you have is a lack of investment in the very things that will help to turn our economy around to be very candid with you. and this is the way that they believe. invest in their friends. give dollars and credits to their friends. but pull back on the working class citizens and that is in turn harming our economy because it is preventing them from having dollars they can invest in the community. >> it almost models what is happening in you're. it really does.
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the austerity. and ruth, why do republicans praise scott walker when his leadership is so bad for workers? what are they up to? >> i think the republicans in wisconsin are in a very uncomfortable position because they are having to choose between scott walker who is a national right wing star and has presidential ambitions and doing what their leadership tells them to do. they're very familiar with doing the republican party in wisconsin. and their constituents who are really hurting now. walker is not only got us way down in terms of job creation which was his big promise. remember, he was promising to create 250,000 new jobs. he is on track to do less than a quarter of that. we are looking horrible compared to our neighbor, minnesota. we are rejecting federal funds for health care so residents will spend more money to cover fewer people and we're voucherizing our school system so the republicans in wisconsin are increasingly in this uncomfortable position of having to go home to talk to constituents who are doing worse
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and worse. but so far they are driving the entire agenda of their party. >> isn't walker making a may nationally? this is really the kind of candidate that the republicans want on a national level. what's the may here? >> the koches have wanted him on for a long time. if he goes for it, he ignores the obvious. repressive regressive governments always end up with a depressive economy. now he is talking about, this is what we want for the nation. those are words that, spoken of a man who intends to run. walker in all the other balance bam, mississippi, louisiana, gop governor failures, haven't learned that you cannot give us a loss of purchasing power and you cannot dry up money from the bottom and expect capitalism to work. it is more than just the austerity issue with this governor. this is a guy that passed up on $12 billion worth of medicaid
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funding that he could have gotten. passed up on $870 million that he could have gotten for the state. thousands of jobs for a decade on the high speed rail. lost 80,000 jobs just from the last recession. >> these were his decisions. this was his leadership and this is, those are his decisions. and now look where the badger state is economically. rapid response number two. instead of working on the economy, republicans in wisconsin are ramping up the war on women. it is alive and well. senate republicans passed a mandatory ultrasound bill and the vote turned ugly. >> the question before the body is passage of the bill. a roll call will be required. the clerk will call the roll. the clerk will call the roll. >> senator carpenter. >> you're interrupting our roll call. sit down.
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right now. call the roll. >> senator carpenter. collin -- >> you're interrupting a roll call and that will not be tolerated. sit down. >> the house also passed the bill. governor walker says that he will sign it. this is an iron fist democracy being lost. the war on women alive and well. how do you read it? >> the war on women is alive and well. anti-women legislation has been the priority. not creating a jobs. we were silenced that day. the president broke his gavel. the women in the gallery in the assembly were escorted out. this is no different than what i experienced when i heard of the women, when i went to turkey and heard of what the women in the middle east are experiencing with the taliban trying to silence them for being at the table. this was a similar kind of bullying experience that we experienced on the senate floor
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in the legislature of wisconsin. and this is all they're doing. no job bills. >> what is it about people in metropolitan areas don't think like this. ruth, is this just a big rural push across america? >> you mean the anti-abortion push? >> absolutely. >> without a doubt, it is an issue that has been popular in the wisconsin leg you are among republicans for a long time. we used to have a democratic governor who would veto these measures. now they have walker in place. he used to be one of them. one of the legislators who came through the pro-life movement and was derrell to be very, very tough on women's choice. and we're having planned parenthood clinics close all over the state. i'm so glad that you're showing it. because people, we don't have teps of thousands of protester out monitoring this every day but it is just as bad as it was during height of the wisconsin uprising. they call a jobs session then
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and did nothing but cancel sex ed classes and take away birth control. now we're having this happen again. we're talking about vaginal probes. this is the stuff that hurt them so much in the national election. >> how are the republicans going to deal with this in 2016? >> i think they've lost control. any time you have a republican governor and a republican legislature, you've had, you've had the odd balls in control of what used to be government. we think that they've gotten over the culture wars but they haven't. you have that part of the republican agenda. when they don't have substance to talk about, like scott walker in wisconsin, terrible economy, why does he want to talk about the economy when he can take you into a cultural issue. but it is not just wisconsin. it is happening in virtually every state where you have a republican governor and a republican legislature. they're changing american culture one state at a time. >> they are so narrow in their
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thinking and i just don't know how they'll politically survive this in the long haul. west wis state senator lena taylor. thank you for joining us. only the i asked you, is government welfare for big agribusiness bad for america? 97% of you say yes. 3% of you say no. you can follow me on twitter at ed show. republican light weight marco rubio. next. flying is old hat for business travelers. the act of soaring across an ocean in a three-hundred-ton rocket doesn't raise as much as an eyebrow for these veterans of the sky. however, seeing this little beauty over international waters is enough to bring a traveler to tears. we're putting the wonder back into air travel, one innovation at a time. the new american is arriving.
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without being disrespectful to those who don't agree with 100% of them. >> reince priebus sees nothing wrong? with their rotten politics? as long as the gop is careful not to draw attention to garbage, they can keep piling it higher. when the republicans are asked point blank, where they stand on real reform, the same bad policy shines on through. when new hope senator marco rubio was asked about a bill designed to end workplace discrimination for lgbt individuals, he had this to say. >> the senate this summer will be taking up the employment nondiscrimination act which makes it illegal to fire someone for being gay. do you know if you'll be supporting that in. >> i haven't read the legislation. by and large i think all americans should be protected. >> what about on race or gender? >> that's established law.
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>> but not for sexual orientation? >> firing someone for being a woman or african-american should be illegal but for being gay, question mark. that's not a problem for marco rubio, the senator from florida? and that's what he must call compromise. if marco rubio and the republicans want to pretend to flat out discrimination is good for their image, they can just keep on pretending. i want to make things more secure.
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welcome back to "the ed show." time for a story to do the folks for those that take a showerer after work. this is really sticking in my craw. this is a story i've done before and can't do it enough because i can't believe americans aren't outraged by this, and the democrats are not holy on this story. i want to point that out up front. this week congress is looking at yet another draft proposal on post office reform.
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but once again they are failing to act. now, i have been telling you on this program for years about the unjustified attack on this great american institution. back in 2006, the lame duck session of the congress passed legislation forcing the postal service to pre-fund their pension. imagine any business in america having to fund their health care and pension for the next 75 years, and do it in a ten-year window. no one would operate like that. you know what this is? this is government intrusion. this is a government takeover, and it is a complete effort to destroy the postal service, and it amazing me how little the american people are tay peiing attention to this story and how little they know about the postal service and its operations. now, many have bought the idea that the post office, well, they're obsolete, dysfunctional. ready to shut their doors. this is not the case. another myth. taxpayers dollars fund the mail service. that is a flat out lie.
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zero, i mean, zero. not one penny of your tax dollars goes to the post office. this independent agency is solely funded by the purchase of stamps. the purchase of postage and other related products. the destruction of the postal service hurts everybody in this country. it is unnecessary, but where's the money? since 2006 when this legislation passed, they have had to take this money and fund their health care in advance which is about $6 billion a year on the line item budget. all of a sudden we've got government entities that are stepping up saying, hey, give us the money. it's fraudulent is what it is. for more i'm join pd by cliff guffy, president of the american postal office union. mr. guffy, great to have you with us tonight. i want you to explain the money that has been collected since this law passed in 2006, the fund that has been accumulated and what is happening to it
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right now? is it really going to where it's supposed to go. >> this is the true tragedy of the situation. all of our retirement funds are c rch cnrs and first for retirement funds for federal wokkers. t workers. the posts office are fully funded and overfunded. they asked us to pre-fund health insurance going out 75 years. of course in 2006 we almost had 300,000 more employees than we do today, because the postal service is cutting back and becoming more and more efficient because of the productivity of the employees. not only are we over funded in our retirement system, we've put $45 billion into the future retiree health insurance fund. now, that money has been collected, and they tell the postal service, we can't give you back the overages.
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it would be against the law. but what's happening right now today because this money is sitting there, because the federal government is under funded, and they don't -- the administration does not want to go back to congress to ask to raise the debt limit, they said, oh, here's this money sitting here that came through postage sales and it's sitting in these funds. we will utilize that money so we don't have to raise our debt borrowing limit. in other words, we'll just raid these funds. that is the tragedy for our workers. >> it is absolutely outrageous that this money was earmarked for health care for the next 75 years. you've got to do it in a ten-year window, raise this money, and now the government's coming along raiding the fund. is that the correct word? "raiding"? >> well, they're utilizing it and it's not for what it was put there for. it's utilized to carry the government, the subsidizeed tax dollars now, as you'd say. >> that's unbelievable.
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you've got congress right now -- you've got congress right now, approval rating of 10% gallup poll and you wonder why. the stuff like this. where are the democrats? they ran on supporting the working class, sticking up for workers. this is the perfect time to stick up for workers. your thoughts on that? >> there's a lot of the democratic leadership sticking up for the post office and postal employees and backing us pretty well. they just can't get anything done because you have the republican house controlled, issa and his group of individuals who, hey, let's contract this out, and let's have everyone in america working for, change the minimum wage to it maximum wage and say that's what everyone were work for, they have to hit a clock, and the billionaires can have everything else. >> i'm going stay on this story. america needs to know this story.
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everywhere, it's wrong, it's an injustice on workers. great to have you on "the ed show" tonight. that is "the ed show." i'm ed xulschultz, see you back here 5:00 p.m. eastern time tomorrow. have a great one. a lot of people think fiber can do one thing and one thing only... and those people are what i like to call... wrong. take metamucil. sure it helps keep you regular but it doesn't stop there. metamucil has psyllium, which helps lower cholesterol, promotes digestive health, and helps maintain healthy blood sugar levels.
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